#Latest News
bymingcheanwp
November 2, 2018   The government’s move to increase the Real Property Gains Tax (RPGT) rate might send the wrong signal to the market, which is already “very soft” at the moment, and discourage foreign investments in the country, according to CBRE|WTW managing director Foo Gee Jen. In Budget 2019,…
Continue Read
#Latest News
bymingcheanwp
October 30, 2018 It is inappropriate to introduce the inheritance tax now despite the need for the government to widen its tax base to raise revenue as its implementation will further dampen the property market, a real estate industry association said. The Association of Valuers, Property Managers, Estate Agents and…
Continue Read
#Latest News
bymingcheanwp
October 21, 2018 The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen. Foo…
Continue Read
#Latest News
bymingcheanwp
August 25, 2018 More than three months in, what has the government done right so far? What has it missed? More importantly, how should it move forward?  Focusing on the housing and property sector, EdgeProp.my garnered some feedback and suggestions from the ground. Representing the views of economists, property developers,…
Continue Read
#Latest News
bymingcheanwp
August 14, 2018 The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in…
Continue Read
#Latest News
bymingcheanwp
July 25, 2018 While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and…
Continue Read
#Latest News
bymingcheanwp
May 28, 2018 UPDATED May 29, 12.02pm The cancellation of the Kuala Lumpur high-speed rail (HSR) would have only a minimal impact on the property market, according to some industry experts. The hype from the project did not exactly translate into major investments around the proposed stations of the alignment,…
Continue Read
#Latest News
bymingcheanwp
May 21, 2018 Ampang MP Zuraida Kamaruddin (pictured) has been sworn in as Housing and Local Government Minister, along with 11 other ministers, at the Istana Negara today, reported Bernama. The three-term MP and PKR Wanita chief helms her portfolio at a crucial juncture in the property industry, with housing…
Continue Read
#Latest News
bymingcheanwp
May 11, 2018 The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen sees all the property related measures which the Pakatan Harapan (Pakatan) coalition mentioned in their manifesto as a holistic approach to address housing affordability issues. “The…
Continue Read
#Latest News
bymingcheanwp
January 23, 2018   This year is a year of shifts and survival for the property industry as disruptions are making their way to the property market, which means that financing packages, marketing channels and designs will have to change, said KGV International Property Consultants Sdn Bhd executive director Samuel…
Continue Read
1 … 3 4 5 6